Boeing to deliver two aircraft a month to India’s airlines in 2025: report

Aircraft manufacturer Boeing forecasts that carriers in India and other countries in South Asia will require 2,835 new airplanes over the next two decades.

Boeing’s current commercial market outlook (CMO) estimates that India and South Asia’s commercial airplane fleet will grow nearly four-fold over the next 20 years.

The Arlington-based company is set to deliver two aircraft per month this year, according to the CMO. India’s second-biggest airlines, Air India and Akasa Air, have pending deliveries of over 400 Boeing aircraft, including narrow and widebody aircraft.

Fuel-efficient single-aisle airplanes, such as the 737 MAX, will account for nearly nine out of 10 commercial jet deliveries in the forecast period.

The region’s widebody fleet will quadruple as carriers leverage airplanes like the 787 Dreamliner and 777X on routes such as India to North America, where capacity has doubled in the past decade, Boeing said in the CMO.

Supported by economic growth, growing demand, and a rise in the region’s air traffic, it will lead to more than 7%  growth annually through 2043; improved connectivity and policies that support air travel liberalization will further strengthen the demand.

“The India and South Asia region continues to be the world’s fastest-growing commercial aviation market due to strong economic and trade growth, rising household incomes and investments in infrastructure and development,” said Ashwin Naidu, Boeing managing director of commercial marketing for India and South Asia.

“As our CMO shows, people will have greater access to air travel, and the region’s airlines will require a modern fuel-efficient fleet to meet increased demand over the next two decades,” Naidu added.

Domestic air traffic would be the largest and fastest-growing segment in India’s travel market, and traffic growth will be supported by low-cost carrier expansion and network diversification, according to the CMO.

Meanwhile, cargo and freighter fleet, including new and converted models, in India and South Asia will grow five-fold as the region expands its role in global supply chains, advanced manufacturing, and e-commerce.

Rising aircraft demand will create jobs for pilots, cabin crew, and technicians; these numbers will quadruple to 129,000, along with commercial airplane fleet expansion ─ representing the fastest growth rate of any region globally.

In June last year, Tata Advanced Systems Ltd signed a deal with Boeing Commercial Airplanes (BCA) to produce and deliver cutting-edge composite assemblies for Boeing’s 737 MAX, 777X, and 787 Dreamliner.

TASL, equipped with state-of-the-art composite manufacturing facilities in Bengaluru and Nagpur, will be pivotal in elevating its status as a premier global aerospace composite technology supplier.